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AT&T Invests More Than $40 Million Over 3-Year Period to Boost Local Networks in Waco

AT&T Invests More Than $40 Million Over 3-Year Period to Boost Local Networks in Waco

PR Newswire

WACO, Texas, Aug. 30, 2018

WACO, Texas, Aug. 30, 2018 /PRNewswire/ -- At AT&T1, we've invested more than $40 million in our Waco wireless and wired networks during 2015-2017. These investments boost reliability, coverage, speed and overall performance for residents and businesses. They also improve critical services that support public safety and first responders.

In 2017, AT&T made 48 wireless network upgrades in the Waco area. The AT&T LTE network now covers more than 400 million people in North America. Notable Waco network enhancements in 2017 included LTE expansions, and LTE capacity adds.

"Waco boasts a strong, vibrant and growing economy," said Deborah Keel, AT&T External Affairs Regional Director. "At AT&T, we know growth means increased demand and the need for fast, reliable and highly secure connections at work, at home or at play. We are proud of our continued and strong investment in this community to ensure access to the high-speed connectivity our customers demand as well as a host of new, innovative opportunities and resources for our thriving local economy."

This investment also supports expanding 5G Evolution and LTE-LAA technologies in Waco, which we launched in April. These technologies serve as the runway to 5G by boosting the existing LTE network and priming it for the future of connectivity.

"As Waco continues to grow – especially as a tourist destination – the ability of locals and visitors alike to share, snap and tweet about the great things happening here is critical to our local economy," said State Representative Charles "Doc" Anderson. "This ongoing and robust activity means we need strong wireless communications. And that's why we appreciate AT&T for their continued commitment to our community and for the more than $40 million that they have invested in the communications infrastructure here."

This investment is part of the nearly $7.0 billion we invested in our wireless and wired networks across the state of Texas during 2015-2017.

Since the formation of the FirstNet public-private partnership a little over a year ago, governors from all 50 states, 5 territories and D.C. recognized the value of FirstNet, joining in its mission to strengthen and modernize public safety's communications capabilities.

FirstNet is a new nationwide communications platform dedicated to America's public safety community. As we build, deploy and evolve FirstNet, we will build upon our current and planned investments in Texas to help ensure public safety's network delivers the coverage and cutting-edge capabilities first responders expect – today and for decades to come.

For the 4th year in a row, AT&T earned the top spot in the telecommunications industry on FORTUNE's Most Admired Companies list in 2018. We also placed No. 49 among the 50 most admired companies across all industries.

We were ranked first or second in all 9 attributes used to compile the list, including innovation, people management, quality of management, long-term investment value, quality of products/services and global competitiveness.

Our internet offeringsWe have the largest fiber network within our 21-state wireline footprint.2 And AT&T is the largest U.S.-based provider of fiber for business services, creating an unparalleled ability to serve businesses of all sizes.

We also now market a 1 gigabit connection3 on our 100% fiber network to 9 million locations across 71 major metro areas nationwide. We plan to reach at least 14 million locations across at least 84 metro areas by mid-2019 for consumers.

1AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.2Based on publicly available data for the top fiber providers in the AT&T operating footprint.3 Actual customer speeds may vary. Download speeds are typically up to 940Mbps due to overhead capacity reserved to deliver the data.

Cautionary Language Concerning Forward-Looking StatementsInformation set forth in this news release contains financial estimates and other forward- looking statements that are subject to risks and uncertainties, and actual results may differ materially. A discussion of factors that may affect future results is contained in AT&T's filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update or revise statements contained in this news release based on new information or otherwise.

About AT&TAT&T Inc. (NYSE:T) helps millions around the globe connect with leading entertainment, business, mobile and high speed internet services. We have the nation's largest and most reliable network* and the best global coverage of any U.S. wireless provider. We're one of the world's largest providers of pay TV. We have TV customers in the U.S. and 11 Latin American countries. More than 3 million companies, from small to large businesses around the globe, turn to AT&T for our highly secure smart solutions.

AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc. Additional information about AT&T products and services is available at about.att.com. Follow our news on Twitter at @ATT, on Facebook at facebook.com/att and on YouTube at youtube.com/att.

*Coverage not avail. everywhere. Based on overall coverage in U.S. licensed/roaming areas. Reliability based on voice and data performance from independent 3rd party data.

To define a market, we rely on the Core Based Statistical Areas (CBSA), as established by the United States Office of Management and Budget. Minor differences, if any, between annual totals reflect annual updating of market boundaries in our record systems.